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Bulls regain control as Hyperliquid corrects, Near Protocol consolidates, Shiba Inu weakens, and Dogecoin stabilizes.

Technical Signals
22 Jul 2026
UToday
View Source
Neutral
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After a strong market rally, Hyperliquid (HYPE) faces a correction but remains above key support, signaling potential for recovery if it holds above $57-$58. Near Protocol (NEAR) shows resilience, consolidating above major moving averages with a key resistance at $2.00 that must be broken for an uptrend. Shiba Inu (SHIB) remains weak, trading below all major moving averages and showing a bearish pattern, though selling pressure is easing. Dogecoin (DOGE) is slightly more stable than SHIB, trading in a narrow range with critical support at $0.07 and potential to recover if it reclaims short-term moving averages. Overall, the market is in a phase of evaluation and potential accumulation rather than clear trend direction.

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Hyperliquid (HYPE) tests key $58 support amid first major correction after strong rally.

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Hyperliquid (HYPE) is experiencing its first significant price correction after a strong rally that pushed it near $75-$76. The price has pulled back to test the critical $58 support level, close to the 100-day EMA around $57, which previously acted ...

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